Snippet of Article: "...the United States Postal Service (USPS) is preparing for a significant shift in the cost of mail delivery, as they propose a new round of price hikes, most notably an increase in the cost of the First Class stamp. Starting in July 2025, the price of the USPS First Class stamp could rise to 78 Cents, a significant change from the current rate. This move comes as part of a broader strategy to address the USPS’s financial troubles...The USPS’s proposed stamp price increase could have more far-reaching economic effects. ...Moreover, this increase could set off a chain reaction in the wider economy. As shipping costs rise, businesses may pass on higher costs to consumers, contributing to inflation. For example, those who frequently mail documents, letters, or even packages may find themselves facing higher costs across the board, from utilities to postal fees. "
Source: www.industryleadersmagazine.com
Root Causes of Inflation,